Haydale Shares Plunge 12% on Significant Revenue Guidance Miss

Key Facts

1Haydale expects revenue for the fiscal year ended September 30, 2026, to be £5 million, significantly missing market expectations of approximately £8 million.

2The company's shares fell 12% to 0.25p following the announcement of a forecast for a larger adjusted loss.

Haydale Graphene Industries expects revenue for the fiscal year ended September 30, 2026, to be approximately £5 million, missing market expectations of £8 million. Reuters reported that the company's shares fell 12% to 0.25p following the announcement, which also included a forecast for a larger adjusted loss than previously anticipated.

The company attributed the revenue shortfall to delivery constraints at SaveMoneyCutCarbon and a slower commercial ramp-up of JustHeat. Despite the lower revenue, management expects gross margins to reach 44%, with a goal of reaching operating breakeven by the second quarter of the 2027 fiscal year. The stock experienced a sharp downward trend during trading on October 13, 2026, following the disappointing trading update.